Agra celebrates 35 years in business - Namibia
Economist.com.na - Sep 7th 2015, 11:11
Agra last week celebrated their 35th year of existence, a week after the company celebrated the opening of their largest branch at the new Agra Hyper centre.
As is the custom every year, Agra clients were given the opportunity to join in the celebrations with huge promotions on many products, decorated branches, and birthday cake.
In Windhoek, Agra suppliers Namib Mills and Bokomo sponsored cakes for the branches at the Auas Valley Shopping Mall and at Agra Hyper, while the branch management of the other branches used their creativity to offer beautiful Agra birthday cakes.
Agra looks back at 35 eventful years of agricultural business in Namibia, and with more than 4300 shareholders, about 700 employees, 19 branches countrywide, and an annual turnover of over N$1.9 billion it has established itself as a significant business having an impact on the economy.
Agra has grown tremendously since it took over the assets of the South African business Boere Koöperatief Beperk and is still indispensable in the agricultural industry, playing a crucial role as the provider of inputs to the agricultural industry, marketing of livestock, and local Karakul farmers’ Swakara pelts.
Here are the highlights for Agra over the past 10 years:
2008: The Agra Bank Windhoek Ring and multi-purpose facility was opened at the Windhoek Show grounds.
2009: Agra celebrated the re-opening of the upgraded retail branches in Otjiwarongo and Mariental. Agra Professional Services, now Agra ProVision, was established to play an important role in development and improving of productivity in the agricultural industry.
2011: Major upgrades were done at Keetmanshoop and Otjiwarongo branches and a new retail branch was established in Oshivelo.
2013: Agra was converted from a cooperative to a public company. The major upgrade and expansion of the Auas Valley Shopping Mall started. The construction of the new Agra Opuwo branch started as well as the construction of the Agra Hyper centre in the Lafrenz Industrial Area in Windhoek started. In 2013, Agra also took over the Rosenthal group of companies.
2014: The Karasburg and Rehoboth branches received major upgrades. A new and extensive Safari Den shop opened on the top floor of the renovated Auas Valley Shopping Mall and Agra’s veterinary and pet supplies store, Auas Vet Med, moved to a larger shop in the mall. The opening of the new Opuwo branch was celebrated.
This year, Agra celebrated the site handover of the Agra Hyper development and opened their largest branch at the centre.
Meanwhile, Agra is positive about the future. Being conscious of the difficult farming conditions and the cyclical nature thereof, Agra has diversified its business to be able to provide for a large clientele and ensure its sustainability by a more diverse and constant income stream. Some of the smaller Agra branches are on the priority list for upgrading and expansion, and Agra is also in the process of establishing a branch in Rundu, which will be opened later this year.From Economist.com.na
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